Job order costing is a system of costing in which manufacturing cost is assigned to an individual product or batches of products. Job order costing is used when the products manufactured are different from each other. A job cost record is created separately for each job, item or special order. A predetermined overhead rate is used to determine the costing of each job, item or special order. It is easy to manage and analyze the cost of each job using job order costing. In the question, we have to explain that why we use predetermined overhead rates for job order costing.

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Answer 1

Question

Chapter 19, Problem 11DQ

To determine

Concept Introduction:

Job order costing is a system of costing in which manufacturing cost is assigned to an individual product or batches of products. Job order costing is used when the products manufactured are different from each other.

A job cost record is created separately for each job, item or special order.

A predetermined overhead rate is used to determine the costing of each job, item or special order. It is easy to manage and analyze the cost of each job using job order costing.

In the question, we have to explain that why we use predetermined overhead rates for job order costing.

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Answer 2

Question

Chapter 19, Problem 11DQ

To determine

Concept Introduction:

Job order costing is a system of costing in which manufacturing cost is assigned to an individual product or batches of products. Job order costing is used when the products manufactured are different from each other.

A job cost record is created separately for each job, item or special order.

A predetermined overhead rate is used to determine the costing of each job, item or special order. It is easy to manage and analyze the cost of each job using job order costing.

In the question, we have to explain that why we use predetermined overhead rates for job order costing.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 19, Problem 11DQ

To determine

Concept Introduction:

Job order costing is a system of costing in which manufacturing cost is assigned to an individual product or batches of products. Job order costing is used when the products manufactured are different from each other.

A job cost record is created separately for each job, item or special order.

A predetermined overhead rate is used to determine the costing of each job, item or special order. It is easy to manage and analyze the cost of each job using job order costing.

In the question, we have to explain that why we use predetermined overhead rates for job order costing.

Expert Solution & Answer

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Check out a sample textbook solution

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Answer 4

Question

Chapter 19, Problem 11DQ

To determine

Concept Introduction:

Job order costing is a system of costing in which manufacturing cost is assigned to an individual product or batches of products. Job order costing is used when the products manufactured are different from each other.

A job cost record is created separately for each job, item or special order.

A predetermined overhead rate is used to determine the costing of each job, item or special order. It is easy to manage and analyze the cost of each job using job order costing.

In the question, we have to explain that why we use predetermined overhead rates for job order costing.

Expert Solution & Answer

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Check out a sample textbook solution

See solution

Answer 5

Chapter 19, Problem 11DQ

To determine

Concept Introduction:

Job order costing is a system of costing in which manufacturing cost is assigned to an individual product or batches of products. Job order costing is used when the products manufactured are different from each other.

A job cost record is created separately for each job, item or special order.

A predetermined overhead rate is used to determine the costing of each job, item or special order. It is easy to manage and analyze the cost of each job using job order costing.

In the question, we have to explain that why we use predetermined overhead rates for job order costing.

Answer 6

Chapter 19, Problem 11DQ

To determine

Concept Introduction:

Job order costing is a system of costing in which manufacturing cost is assigned to an individual product or batches of products. Job order costing is used when the products manufactured are different from each other.

A job cost record is created separately for each job, item or special order.

A predetermined overhead rate is used to determine the costing of each job, item or special order. It is easy to manage and analyze the cost of each job using job order costing.

In the question, we have to explain that why we use predetermined overhead rates for job order costing.

Answer 7

Chapter 19, Problem 11DQ

To determine

Concept Introduction:

Job order costing is a system of costing in which manufacturing cost is assigned to an individual product or batches of products. Job order costing is used when the products manufactured are different from each other.

A job cost record is created separately for each job, item or special order.

A predetermined overhead rate is used to determine the costing of each job, item or special order. It is easy to manage and analyze the cost of each job using job order costing.

In the question, we have to explain that why we use predetermined overhead rates for job order costing.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 19 - Prob. 1DQ Ch. 19 - Some companies use labor cost to apply factory...Ch. 19 - Prob. 3DQ Ch. 19 - In a job order costing system, what records serve...Ch. 19 - What journal entry is recorded when a materials...Ch. 19 - Prob. 6DQ Ch. 19 - Google uses a "time ticket" for some employees....Ch. 19 - What events cause debits to be recorded in the...Ch. 19 - Prob. 9DQ Ch. 19 - Assume that Apple produces a batch of 1,000...

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